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Nairametrics
Home Markets Equities Company Results

Infinity Trust Mortgage Bank grows profit after tax by 99% to N300.1 million in H1 2021.

Chidi Emenike by Chidi Emenike
July 7, 2021
in Company Results, Markets
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Infinity Trust Mortgage Bank Plc released its unaudited results for the half year ended 30th of June, 2021.

  • Turnover for the period was N785.5 million. (+35.02% YoY)
  • Net fee and commission income was N59.97 million. (+74.1% YoY)
  • Operating income of N673.33 million. (+40.2% YoY)
  • Personnel expenses totalled N136.1 million. (+13.7% YoY)
  • Total operating expenses of N368.3 million. (+20.1% YoY)
  • Profit after tax was N2300.1 million. (+99.4% YoY)
  • Earnings per share of 13.4 kobo Vs 6.2 kobo YoY.

See link to results.

Tags: Infinity Trust Mortgage Bank Plc
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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